Tanfield Group (LON:TAN) Sets New 12-Month Low – Here’s What Happened

Tanfield Group PLC (LON:TAN) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 3 ($0.04) and last traded at GBX 3 ($0.04), with a volume of 119584 shares changing hands. The stock had previously closed at GBX 3.20 ($0.04).

Tanfield Group Trading Down 6.3 %

The stock has a market capitalization of £4.89 million, a price-to-earnings ratio of -17,846.52 and a beta of 0.83. The company’s 50 day moving average is GBX 3.41 and its 200 day moving average is GBX 3.53.

About Tanfield Group

Tanfield Group PLC operates as an investment company. The company, through its 49% interest in Snorkel International Holdings LLC, produces self-propelled, towable, and push-around aerial lifts, including diesel and electric scissor lifts, mast lifts, telescopic boom lifts, and articulating booms. Tanfield Group PLC also, through its 5.76% interest in Smith Electric Vehicles Corp., designs and produces electric commercial vehicles for short haul urban fleets.